Economy
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Hydrocarbons : Sonatrach and Chevron Confirm Partnership
The Chairman & Chief Executive Officer of SONATRACH Group, Rachid Hachichi, accompanied by a delegation of senior officials from the…
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Stock Market Update : Mixed Asian Shares as Wall Street Anticipates Interest Rate Cut
Shares were mixed in Asia on Tuesday as global markets prepared for the Federal Reserve’s highly anticipated meeting. Tokyo’s Nikkei…
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Algeria: Sonelgaz expands non-hydrocarbon exports with major shipment of spare parts for electricity meters to Tunisia
The Sonelgaz Group exported on Saturday a significant shipment of various spare parts for electricity meters to Tunisia. This move…
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Sonelgaz Group exports electrical equipment to Iraq in bid to diversify economic activities
ALGIERS – The Sonelgaz Group announced on Saturday that it has exported electrical equipment to Iraq, highlighting its achievement in…
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Algeria: AEC receives first shipment of Japanese pumps for construction of major seawater desalination plants
The Algerian Energy Company (AEC), a subsidiary of the Sonatrach Group, received its first shipment of pumps from Japan on…
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China’s Xi Jinping to Attend BRICS Summit in Russia Next Month
Chinese President will attend the BRICS summit in Russia next month, China’s foreign minister announced on Thursday. The summit of…
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Oil Prices Rise Nearly 2% Amid Concerns Over Hurricane Impact on U.S. Production
On Thursday the International Energy Agency (IEA) cut its 2024 oil demand growth forecast by 70,000 bpd, or about 7.2…
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Energy efficiency : in-depth technical cooperation between Algeria and South Korea
Several meetings between Algeria’s Commissioner for Renewable Energies and Energy Efficiency (CEREFE) and South Korean energy efficiency players were organized…
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TAPI Pipeline Construction to Begin in Afghanistan Today
The Ministry of Mines and Petroleum has announced that construction on the TAPI (Turkmenistan-Afghanistan-Pakistan-India) pipeline project commences in Afghanistan today.…
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Olympic Hopes Dashed : Parisian Businesses Face Tough Summer Amid Security Measures
Parisian business owners and hotel managers were promised a summer like no other as millions of tourists were expected to…
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